Peyto Exploration & Development Corp T.PEY

Alternate Symbol(s): PEYUF

Energy Oil & Gas E&P

Peyto Exploration & Development Corp. is a Canada-based oil and natural gas company. The Company conducts exploration, development and production activities in Canada. It is a Canadian energy company involved in the development and production of natural gas, oil and natural gas liquids in Alberta’s deep basin. The Company’s total Proved plus Probable reserves are 5.6 trillion cubic feet equivalent (929 million barrels of oil equivalent) as evaluated by its independent petroleum engineers. Its production’s weight is approximately 89 per cent to natural gas and 11 per cent to natural gas liquids.

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Peyto Exploration & Development Corp > The Law of Unintended Consequences

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Post by topdopon Jan 17, 2022 8:26am

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Post# 34323599

The Law of Unintended Consequences

UK power prices spike amid "extreme wind lull":

Power prices for Monday evening surged to the highest in a month, jumping to £1,161/MWh amid lower wind speeds.
Wind output is forecast below 1.5GW compared with a 10=-day average of 6.3GW.
The spike reflects the increasing fragility of the UK energy market, given the fleet of nuclear reactor closures.
Gas was meeting 39% of energy demand on Monday morning, wind 26% and coal 4% - according to theNational Grid.